Op-Ed: With persistence and support, adventure park earns worldwide fame
June 15, 2021
When ToroVerde was inaugurated in May 2010, many doubted it would be a success. And as it grew from idea to reality, we had to hear many “No’s.” But each one gave us more strength to continue and to overcome these challenges. Some of the negativity was understandable. Our adventure park is in the mountains, […]
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Corona collects 835 lbs. of trash at several beaches during ‘Ocean’s Week’
June 15, 2021
Looking to deliver the message of keeping Puerto Rico’s beaches litter-free, Corona organized three underwater and shore clean-up activities, collecting about 835 pounds of solid waste, including small containers, cigarette butts, straws, aluminum cans, metal tubes, etc. The events were held at the Crash Boat beach in Aguadilla, Buyé in Cabo Rojo and Tres Palmas […]
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MHH Healthcare, LLC to acquire Medical Card System Inc.
June 14, 2021
Kinderhook Industries, LLC’s MHH Healthcare announced it has entered into a definitive agreement to acquire Medical Card System Inc. The transaction is expected to close later this year, subject to customary conditions and regulatory approvals, and will mark the second significant acquisition by a subsidiary of MHH Healthcare following the prior acquisition of GlobalHealth. Additional […]
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Workers in Puerto Rico’s metro area make 43% less than US mainland peers
June 14, 2021
Workers in the San Juan-Carolina-Caguas, Puerto Rico Metropolitan Statistical Area had an average (mean) hourly wage of $15.33 in May 2020, about 43% below the United States mainland average of $27.07, the US Bureau of Labor Statistics reported. Chief Regional Economist Martin Kohli said that after testing for statistical significance, all 22 major occupational groups […]
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Carnival Mardi Gras to stop in Puerto Rico during its maiden voyage
June 14, 2021
The maiden voyage of the newest and most modern cruise of the Carnival line, the Carnival Mardi Gras, will include a stop in the Port of San Juan in August, Puerto Rico Tourism Company Executive Director Carlos Mercado confirmed. The stop is part of the agency’s efforts to expand options for maritime access to the […]
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DMO: Travel advisors have become experts in selling Puerto Rico
June 14, 2021
As consumers feel more comfortable traveling, many in the travel industry predict that travel advisors will play an enhanced role in helping them choose their destinations and travel safely, said Discover Puerto Rico. That said, the island’s Destination Marketing Organization has partnered with these professionals to educate and provide them with tools to promote the […]
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DDEC announces reopening of Entrepreneurship Centers
June 14, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish) is reopening its Entrepreneurship Centers to promote and promote shared workspaces where companies can grow, train, and establish business contacts, agency Secretary Manuel Cidre announced. “Now that we’re reactivating our economy, the reopening of these co-work centers represents a real alternative for many entrepreneurs, providing […]
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USDA starts cycle to help build, repair household water systems in rural communities
June 14, 2021
The US Department of Agriculture (USDA) announced it is seeking applications for grants from qualified organizations for loans to help rural homeowners finance household water systems. The USDA is making funds available through the Rural Decentralized Water Systems Grant program, Luis R. García, acting state director for Puerto Rico, confirmed. Through this program, the USDA […]
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FEMA awards funding to repair sports and recreation facilities
June 11, 2021
Several sports facilities in Aguadilla, Aibonito, Barranquitas, Carolina and Toa Baja will be repaired using an obligation of nearly $13.3 million in funds from the Federal Emergency Management Agency (FEMA). Some of these are in the design and planning process, while work in others has already been completed. “In addition to serving as places for […]
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Science Trust grants program commits $1.8M to science, tech innovation
June 11, 2021
As part of its mission to support scientists and researchers to take Puerto Rico’s knowledge economy to a higher level of excellence, the Research Grants Program of the Puerto Rico Science, Technology and Research Trust has awarded $1.8 million to 15 science and technology research projects during 2021, the organization announced. The grants seek to […]
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Short-term vacation rental platform Join a Join shows steady growth amid pandemic
June 11, 2021
Puerto Rican vacation home rental company Join a Join, established in 2015 by brothers Steve and Mike Leung, has achieved steady growth in the number of nights booked through its platform before and during the pandemic. The platform in which users reserve their rentals ahead of time has tripled the number of visits, showing trends […]
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Op-Ed: Proposed budget for Puerto Rico’s electricity system fails test of balance, compliance and transparency
June 11, 2021
The Federal Oversight and Management Board (FOMB) and the Puerto Rico Energy Bureau (PREB) have each approved budgets for the electrical system for Fiscal Year 2022. The FOMB’s budget demonstrates its abject failure since its inception to produce a transparent budget that demonstrates progress on savings initiatives and meeting the commonwealth’s renewable energy goals. The […]
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Southwest adding new seasonal flights to Puerto Rico from St. Louis, Buffalo
June 11, 2021
Starting Nov. 13, 2021, Southwest Airlines will begin Saturday-only service between both St. Louis and Buffalo/Niagara Falls and the Luis Muñoz Marín International Airport (LMM) in Carolina, the carrier announced. The new flights to Puerto Rico will have an initial economic impact of about $1.2 million during the months of November and December, Puerto Rico […]
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V2A Consulting kicks-off 2nd edition of Virtual Internship
June 11, 2021
V2A Consulting, a strategic consulting and operational management firm with more than 16 years of experience advising organizations from various sectors, kicked-off the 2nd edition of its virtual internship program “WeServe Fellows” this week. The 2021 class of “WeServe Fellows” includes 20 university students from Puerto Rico and the Dominican Republic who will contribute to […]
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Café Oro to expand operations with $2.4M investment, DDEC incentives
June 11, 2021
Puerto Rican coffee producer Café Oro will expand its manufacturing operations with a $2.4 million investment in equipment, in keeping with plans to export its product. The company has also received the support of the Department of Economic Development and Commerce (DDEC, in Spanish) through incentives, agency Secretary Manuel Cidre confirmed. To achieve its expansion […]
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